From www.icaew.com: Transitioning from a start-up to a scale-up requires thorough financial planning and an understanding of funding options, as many businesses fail during this phase due to inadequate financial resources.

Potential lenders and investors will seek comprehensive business plans demonstrating growth potential, including detailed financials like profit and loss statements, along with risk assessment strategies.

Additionally, effective profitability analysis can enhance investor confidence by showcasing a clear understanding of financial performance and resource allocation.